Answer:
When demand shocks lead to recessions, it is mainly due to unexpected changes in the:
the inability of government policy to affect demand.
Explanation:
Government has every right to make policies that would strictly affect price, if this is not done and there is inflation of price it would lead to recession.
Answer:
The correct answer is $2,610.
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the the direct labor cost by using following formula:-
Direct labor hour required= Estimated production × Direct labor hour
= 870 × 1÷4 =217.5 hours
Direct labor cost = Direct required labor hour × Rate of labor per hour
= 217.5 hours × $12
= $2,610
According to the analysis, $2,610 is the total amount to be budgeted for direct labor.
That is one way to approach the bull.
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